By  on August 1, 2012

NEW YORK — Daffy’s, the struggling off-price chain that said nearly three weeks ago it was liquidating its stores, has to first make a stop in bankruptcy court.

According to financial sources, factors owed money from the cash-strapped firm are pushing the company to file in order to protect their claims. Daffy’s is believed to be preparing for a filing that could occur as early as the end of this week, or risk the factors forcing the firm into an involuntary bankruptcy.

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